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NEO Finance AB (OVSE:NEOFI) EBIT : €0.51 Mil (TTM As of Dec. 2024)


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What is NEO Finance AB EBIT?

NEO Finance AB's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was €0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €0.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NEO Finance AB's annualized ROC % for the quarter that ended in Dec. 2024 was 1.16%. NEO Finance AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 697.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NEO Finance AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -4.64%.


NEO Finance AB EBIT Historical Data

The historical data trend for NEO Finance AB's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NEO Finance AB EBIT Chart

NEO Finance AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -0.05 0.18 0.16 0.31 0.51

NEO Finance AB Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.13 0.04 0.21 0.13

Competitive Comparison of NEO Finance AB's EBIT

For the Credit Services subindustry, NEO Finance AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEO Finance AB's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, NEO Finance AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NEO Finance AB's EV-to-EBIT falls into.


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NEO Finance AB EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.51 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NEO Finance AB  (OVSE:NEOFI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NEO Finance AB's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=0.26 * ( 1 - 19.85% )/( (5.148 + 30.709)/ 2 )
=0.20839/17.9285
=1.16 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

NEO Finance AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.52/( ( (0.077 + max(-18.078, 0)) + (0.072 + max(-21.934, 0)) )/ 2 )
=0.52/( ( 0.077 + 0.072 )/ 2 )
=0.52/0.0745
=697.99 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.361 + 0.2 + 0) - (20.612 + 0 + 0.027000000000001)
=-18.078

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.513 + 0.002 + 0.029) - (0.663 + 0 + 23.815)
=-21.934

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NEO Finance AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=0.511/-11.018
=-4.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NEO Finance AB EBIT Related Terms

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NEO Finance AB Business Description

Traded in Other Exchanges
N/A
Address
A. Vivulskio Street 7, Vilnius, LTU, LT-03162
NEO Finance AB is engaged in peer-to-peer lending services. It owns and operates a Peer-to-peer lending platform that enables retail Lenders to lend money directly to retail borrowers. The company generates its revenues via the lending platform in two main ways: intermediary fee charged from borrowers on installments made and by interest made by co-investing with lenders.

NEO Finance AB Headlines

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